Economic forecast
Economic forecast
GDP Growth
GDP growth %
Educational expenditure
Educational expenditure
Consumer price index
Consumer price index
Central government
central government
Local government
local government
Public health expenditure
public health expenditure
Exports of goods and services
Trade in goods and services

RSS Economic forecast

  • The economy expected to grow by 2.9% this year 01/06/2018
    This years’ economic growth is expected to be lower in comparison with previous years. It is estimated that GDP growth will be 2.9% this year, and that private consumption will increase by 5.3%. Public consumption is forecasted to increase by 2.5% and investment by 3.2%.
  • Estimated GDP growth 2.9% for 2018 23/02/2018
    Gross domestic product (GDP) for Iceland is estimated to have increased by 3.8% in 2017, driven by strong growth in private consumption (7.7%) and investments (9.3%).
  • Strong economic growth in 2017 but slowing in 2018 03/11/2017
    The rapid growth of the Icelandic economy, which began in earnest in 2013, continues during 2017 but will slow to a moderate level in 2018–2023. GDP is expected to grow by 4.9% in 2017, 3.1% in 2018 and around 2.6% per annum during 2019–2023.
  • Economic growth of 6% in 2017 31/05/2017
    Economic growth of 6% in 2017 driven by exports, consumption and investment.
  • Economy expected to grow by 4.3% in 2017 and 3% in 2018 17/02/2017
    A new issue of Statistical Series, presenting a revised economic forecast for 2016–2022, is now available.

RSS Health

RSS National Accounts